Why is Authum Invest. falling/rising?

As of 07-Jul, Authum Investment & Infrastructure Ltd is experiencing a price increase, currently at 2,665.00, reflecting a rise of 104.9 or 4.1%. The stock has shown strong performance today, outperforming its sector by 4.1% and reaching an intraday high of Rs 2,685, which is a 4.88% increase. Over the past week, the stock has gained 1.72%, and it has significantly outperformed the benchmark Sensex, which has declined by 0.20%. Authum Investment has also demonstrated impressive long-term growth, with a year-to-date return of 54.72% and a staggering 135.82% return over the past year. The company maintains strong fundamentals, with a high average return on equity (ROE) of 34.81% and robust growth in net sales and operating profit, contributing positively to its recent price movement.
In the broader market context, while the Sensex has shown a modest gain of 1.53% over the past month, Authum Investment's 6.62% increase highlights its strong relative performance. Despite a decrease in investor participation, as indicated by a 32.25% drop in delivery volume, the stock remains liquid enough for trading. The stock's valuation appears favorable, trading at a discount compared to its peers, with a PEG ratio of 0.2, suggesting that it is undervalued relative to its growth potential. Overall, the combination of strong returns, solid fundamentals, and favorable valuation metrics supports the stock's upward trajectory.